HMD looks to strengthen exports from India amid rising US-China trade tensions

Human Mobile Devices (HMD), makers of Nokia-branded mobile phones, is gearing up capacities and local supplier ecosystem in anticipation of higher levels of exports from India to global markets amid higher tariffs expected to be levied on Chinese products by the incoming US government under President-elect Donald Trump.

“Developments in the US do bring an opportunity to India as a plus-one manufacturing hub. Our organization is geared up, and obviously yes, we are (scaling up). A lot of our sourcing and supply chain, is now being based out of India,” Ravi Kunwar, CEO and VP of HMD told Mint in an interaction.